28 November 2025 | 15:03
In his speech, the president pointed out that Bulgaria highly values its relations with Iraq, which is an important partner in the Middle East region
NEWS
Head of State and EBRD President Discussed Investments in Transport Connectivity and Energy Development
2025-03-19 17:50:00
Promoting investments in expanding transport connectivity and in the energy sector was discussed at a meeting today between Head of State Rumen Radev and the President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso who is visiting Bulgaria in the context of the preparation of the Bank's new five-year strategy for this country.
During the meeting, the potential of Bulgaria to establish itself as a hub for renewable energy storage in the Southeast Europe region, including through the construction of PAHP capacities and the efficient use of geothermal energy, was discussed. Investments in this direction will not only contribute to improving this country's energy security, but will also support the energy balance in the region, Radev said.
In the course of the talks, the sides also discussed projects to expand transport connectivity in Southeast Europe in order to boost the region's competitiveness and economic growth. The President highlighted good fibre optic connectivity, digital infrastructure, availability of specialists in the IT sector and energy diversification as key prerequisites for attracting large-scale investments in the country in the field of artificial intelligence such as gigafactories and last-generation data storage and processing centres.
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24 November 2025 | 19:07
Taking advantage of their geostrategic position, Bulgaria and Georgia have the potential to deepen their connectivity in various areas such as transport, energy, and the digital sector, which will contribute to promoting the economy, investment, and prosperity in the Black Sea region. This was stated by President Rumen Radev, who held a meeting with the Speaker of the Parliament of Georgia, Shalva Papuashvili.
13 November 2025 | 14:02
The two were unanimous that restoring peace in Europe through diplomacy is a priority for the EU and the only way to ensure the long-term security and stability of the Old Continent.
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The President recalls that the institution of the Special Commercial Administrator (SCA) was introduced by an Act adopted in 2023, which also established a number of safeguards against potential abuse and arbitrariness — safeguards of the kind already adopted in other European states faced with similar circumstances, with the objective of minimising the risk of subsequent financial claims against the State